Global Medical Image Management Market, By Product (Picture Archiving & Communication System, Vendor Neutral Archives, Application-Independent Clinical Archive, Enterprise Viewers/Universal Viewers), End-User (Hospitals, Diagnostic Imaging Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Medical Image Management Market
The medical image management market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 7.45% in the above-mentioned forecast period. Rising technological advancements in diagnostic imaging modalities and image management solutions drives the medical image management market.
The medical image management enables to achieve medical images electronically with the help of image management systems. It helps in gathering, organizing and controlling medical imaging data along with several other information in healthcare systems. Application-independent clinical archives, Vendor neutral archives and Picture archiving & communication system are the key technologies that are used in image management systems.
Growing investments in the medical imaging market is the vital factor escalating the market growth, also rising government initiatives to encourage EMR adoption, rising rapid growth in geriatric imaging volumes, rising usage of imaging equipment, rising adoption of VNA, rising adoption of image management systems by small hospitals and imaging centers and rising rapidly growing big data market are the major factors among others driving the medical image management market. Moreover, rising integration of PACS/VNA With Emr and ECM, rising integration of PACS & VNA with artificial intelligence-based technologies, increasing blockchain for medical imaging, rising consolidation in the healthcare industry and rising potential for adoption across multiple specialties will further create new opportunities for medical image management market in the forecasted period of 2021-2028.
However, rising longer product lifecycle of VNAs and rising budgetary constraints are the major factors among others which will obstruct the market growth, while rising dependence of VNA and PACS sales on capital equipment purchasing and rising usability and user interface challenges will further challenge the growth of the medical image management market in the forecast period mentioned above.
The medical image management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on medical image management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Medical Image Management Market Scope and Market Size
The medical image management market is segmented on the basis of product and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the medical image management market is segmented into picture archiving & communication system, vendor neutral archives, application-independent clinical archive and enterprise viewers/universal viewers.
- The medical image management market is also segmented on the basis of end-user into hospitals and diagnostic imaging centers and others.
Medical Image Management Market Country Level Analysis
The medical image management market is analysed and market size insights and trends are provided by country, product and end-user as referenced above.
The countries covered in the medical image management market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the medical image management market due to rising prevalence of chronic diseases, rising adoption of healthcare IT by healthcare bodies, and an increasing number of medical imaging procedures performed in this region. Europe is the second largest region in terms of growth in medical image management market due to increasing patient population of strokes and cardiovascular disorders, increasing research on ultrasound, and rising availability of advanced treatment facilities amongst others. Asia-Pacific is the expected region in terms of growth in medical image management market due to increasing demand for medical practitioners to produce appropriate vascular, orthopaedic, breast, and cardiac images into a patient’s complete record in this region.
The country section of the medical image management market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The medical image management market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for medical image management market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical image management market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Medical Image Management Market Share Analysis
The medical image management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the medical image management market.
The major players covered in the medical image management market report are Agfa-Gevaert Group, BridgeHead Software Ltd., Carestream Health, Distributed Medical AB, FUJIFILM Holdings Corporation, General Electric Company, Hitachi Vantara, INFINITT Healthcare Co. Ltd., Koninklijke Philips N.V., Mach7 Technologies Ltd., McKesson Corporation, IBM Watson Health, Novarad, Sectra AB, Siemens Healthcare GmbH, Center for Diagnostic Imaging, Hologic Inc., Esaote SpA, Canon Medical Systems Corporation and Shimadzu Corporation. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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